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reseller - 6:21 am on Apr 5, 2008 (gmt 0)
Very interesting, indeed. While in netmeg case [webmasterworld.com], 135 sites were not affected by BigDaddy and are not affected by the current Update Dewey! So in the two cases (yours and netmeg), we see sites are "reacting" in the same way to both Update BigDaddy and Update Dewey! We know Update BigDaddy was a software update (infrastructure update). And I believe that the current Update Dewey is a software update too ;-)
clickfire,
Reseller, you mentioned the Bigdaddy update. It's interesting that my site experiencing the rankings drop also got spanked out of the SERPS for about three weeks during Bigdaddy.